Chapter 10: Applying Excel: Exercise (Part 2 of 2)

Requirement 2:

In industries that process joint products, the costs of the raw materials inputs and the sales values of intermediate and final products are often volatile. Change the data area of your worksheet to match the following:

If your formulas are correct, you should get the correct answers to the following questions.

(a)	What is the overall profit if all intermediate products are processed into final products?

Overall profit from processing all intermediate products

$

(b)	What is the profit from further processing each of the intermediate products? (Input all amounts as positive values.)

(Click to select)LossProfit from further processing undyed coarse wool	$
(Click to select)ProfitLoss from further processing undyed fine wool	$
(Click to select)LossProfit from further processing undyed superfine wool	$

(c)	With these new costs and selling prices, what recommendations would you make concerning the company